BusinessWire, December 15, 2020 09:01 AM Eastern Standard Time
- New ESG mutual fund focused on investments benefitting from exposure to long-term trends shaping the economy over the next decade across demographic, environmental, technological and governance changes
- Fund can provide diversified exposure to US equities and improve portfolio sustainability and carbon footprint
- Managed by Mirova, a global leader in ESG investing and part of the PRI Leaders Group 2020 selected by the UNPRI.
BOSTON–(BUSINESS WIRE)–Natixis Investment Managers today announced the launch of the Mirova US Sustainable Equity Fund (MUSYX), a high-active share US equity mutual fund which benefits from Mirova’s deeply rooted experience in global sustainable investing and leadership in environmental, social and governance (ESG). The Mirova US Sustainable Equity Fund is an all-cap US equity fund that seeks long-term capital appreciation by maximizing exposure to companies with a positive impact on the United Nations’ Sustainable Development Goals, as well as those with strong performance on material ESG indicators.
“At Mirova, we believe there is value in putting responsible investments to work through deliberate, thoughtful investment choices that reflect a newer, more sustainable economic model”
“At Mirova, we believe there is value in putting responsible investments to work through deliberate, thoughtful investment choices that reflect a newer, more sustainable economic model,” said Jens Peers, CFA, CEO and CIO at Mirova US. “We feel that alpha can be found by investing in companies that are focused on long-term sustainability practices, including those that thoroughly evaluate risks associated with poor ESG practices.”
Mirova takes a thematic approach to investment management, investing in companies whose products and services address opportunities created by four long-term transitions – demographics, environmental issues, technological and governance transitions. The portfolio management team conducts detailed fundamental research to select companies with competitive advantages that have proven to deliver value over the long-term and have high barriers to entry. By modeling a range of outcomes – such as most probable, best possible and worst possible investment returns – Mirova’s managers gain a better understanding risk exposure. They also invest in securities at a 20% or greater discount relative to the company’s intrinsic value in the most probable outcome.
“We’re pleased to offer an additional fund that is well positioned to meet the growing demand for ESG investment vehicles,” said David Giunta, CEO for the US at Natixis Investment Managers. “Mirova has proven to be a strong leader in providing sustainable, responsible investment solutions over the last few decades, and we look forward to growing this new product.”
The fund is co-managed by Hua Cheng, PhD, CFA®, Amber Fairbanks, CFA® and Jens Peers, CFA®. The fund seeks to maintain a relatively concentrated portfolio of approximately 30-50 US stocks and is managed by Mirova US LLC. To provide flexibility and choice for investors, the fund is also available to eligible financial advisors and their clients through retail separately managed accounts (“SMAs”).
RISKS: Equity securities are volatile and can decline significantly in response to broad market and economic conditions. Foreign and emerging market securities may be subject to greater political, economic, environmental, credit, currency and information risks. Foreign securities may be subject to higher volatility than US securities, due to varying degrees of regulation and limited liquidity. These risks are magnified in emerging markets. Investments in small and midsize companies can be more volatile than those of larger companies. Sustainable investing focuses on investments in companies that relate to certain sustainable development themes and demonstrate adherence to environmental, social and governance (ESG) practices; therefore the Fund’s universe of investments may be reduced. It may sell a security when it could be disadvantageous to do so or forgo opportunities in certain companies, industries, sectors or countries. This could have a negative impact on performance depending on whether such investments are in or out of favor. Currency exchange rates between the US dollar and foreign currencies may cause the value of the Fund’s investments to decline.
Before investing, consider the fund’s investment objectives, risks, charges, and expenses. Visit im.natixis.com or call 800-225-5478 for a prospectus or a summary prospectus containing this and other information. Read it carefully.
Mirova is an investment manager dedicated to responsible investment. Through a conviction–driven investment approach, Mirova’s goal is to combine value creation over the long term with sustainable development. Mirova’s talents have been pioneers in many areas of sustainable finance. Their ambition is to keep innovating to propose the most impactful solutions to their clients. Mirova manages $18.6 billion as of September 30, 2020.
About Natixis Investment Managers
Natixis Investment Managers serves financial professionals with more insightful ways to construct portfolios. Powered by the expertise of more than 20 specialized investment managers globally, we apply Active Thinking® to deliver proactive solutions that help clients pursue better outcomes in all markets. Natixis Investment Managers ranks among the world’s largest asset management firms1 with nearly $1.1 trillion assets under management2 (€910.0 billion).
Headquartered in Paris and Boston, Natixis Investment Managers is a subsidiary of Natixis. Listed on the Paris Stock Exchange, Natixis is a subsidiary of BPCE, the second-largest banking group in France. Natixis Investment Managers’ affiliated investment management firms include AEW; Alliance Entreprendre; AlphaSimplex Group; DNCA Investments;3 Dorval Asset Management; Flexstone Partners; Gateway Investment Advisers; H2O Asset Management; Harris Associates; Investors Mutual Limited; Loomis, Sayles & Company; Mirova; MV Credit; Naxicap Partners; Ossiam; Ostrum Asset Management; Seeyond; Seventure Partners; Thematics Asset Management; Vauban Infrastructure Partners; Vaughan Nelson Investment Management; Vega Investment Managers;4 and WCM Investment Management. Additionally, investment solutions are offered through Natixis Investment Managers Solutions, and Natixis Advisors offers other investment services through its AIA and MPA division. Not all offerings available in all jurisdictions. For additional information, please visit Natixis Investment Managers’ website at im.natixis.com | LinkedIn: linkedin.com/company/natixis-investment-managers.
Natixis Investment Managers’ distribution and service groups include Natixis Distribution, L.P., a limited purpose broker-dealer and the distributor of various US registered investment companies for which advisory services are provided by affiliated firms of Natixis Investment Managers, Natixis Investment Managers S.A. (Luxembourg), Natixis Investment Managers International (France), and their affiliated distribution and service entities in Europe and Asia.
1 Cerulli Quantitative Update: Global Markets 2020 ranked Natixis Investment Managers as the 17th largest asset manager in the world based on assets under management as of December 31, 2019.
2 Assets under management (“AUM”) as of September 30, 2020 is $1,067.3 billion. AUM, as reported, may include notional assets, assets serviced, gross assets, assets of minority-owned affiliated entities and other types of non-regulatory AUM managed or serviced by firms affiliated with Natixis Investment Managers.
3 A brand of DNCA Finance.
4 A wholly-owned subsidiary of Natixis Wealth Management.
Natixis Investment Managers